2 Articles match "Document","Example","Florida"
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Foreclosures up 13 percent in February
Texas and Florida were on top in terms of sheer number of foreclosures. Together, the two states documented more than 23,000 new foreclosures, 20 percent of all new foreclosures across the country. The article provided a great example of how rising interest rates can affect a homeowners monthly payments: "recent homebuyers with adjustable rate mortgages could experience a jump in interest rates of 3 to 4 percentage points in the next two years, as the typical 3 percent introductory rate is RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Priced to Foreclose
The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Priced to Foreclose
The most glaring example was Florida , which ranked second in home priceappreciation but documented the 10th highest foreclosure rate. A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosures up 13 percent in February
Texas and Florida were on top in terms of sheer number of foreclosures. Together, the two states documented more than 23,000 new foreclosures, 20 percent of all new foreclosures across the country. The article provided a great example of how rising interest rates can affect a homeowners monthly payments: "recent homebuyers with adjustable rate mortgages could experience a jump in interest rates of 3 to 4 percentage points in the next two years, as the typical 3 percent introductory rate is RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008